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The question

Is it permissible to pay a sum of 1000 US dollars in Libyan dinars according to the exchange rate on the day of transfer, or must it be paid in dollars?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Transferring money via Western Union is considered an authorization for it to deliver the amount. If the transfer is in the same currency, it is a pure agency. If it is in a different currency, it is a currency exchange and an agency, and possession must be realized in it, even if it is constructive. As for a prior agreement to exchange different currencies, it is not permissible because it constitutes a deferred exchange. However, it is permissible at the time of payment at the rate of the payment day, with mutual possession.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
154764
Imported
Translation status
Source text, unreviewed
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